The revolving credit facility will be used for the provision of lease finance, commercial loans and professions loans to SMEs across the UK.
The facility follows a previous commitment made to Kingsway Finance by BBI.
Catherine Lewis La Torre, CEO at BBI (pictured above), stated that the use of asset finance by SMEs had continued to grow.
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“We are, therefore, pleased to provide this additional support to Kingsway so they may increase their leasing capacity to smaller businesses across the UK.”
Adrian Anthon, managing director at Kingsway, said: “Kingsway Finance is delighted to continue our strong relationship with BBI and this new £25m commitment will enable us to continue our growth and support UK SMEs in the months and years ahead.”
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